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The global Hydrogen and Fuel Cell market was valued at US$ 3.4 billion in 2023 and is projected to reach US$ 19.6 billion by 2030, at a CAGR of 27.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

This report studies the Hydrogen and Fuel Cell market, covering market size for segment by type (Air-cooled Type, Water-cooled Type, etc.), by application (Stationary Usage, Transport Usage, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Panasonic, Toshiba ESS, Plug Power, Intelligent Energy, Ballard Power Systems, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for Hydrogen and Fuel Cell from 2018-2023, and provides extensive market forecasts from 2024-2032 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Hydrogen and Fuel Cell market.

Leading Players of Hydrogen and Fuel Cell including:

• Panasonic
• Toshiba ESS
• Plug Power
• Intelligent Energy
• Ballard Power Systems
• Hydrogenics
• Pearl Hydrogen
• Sunrise Power
• Nedstack
• Horizon Fuel Cell Technologies
• PowerCell Sweden
• Air Liquide (Axane)

Market split by Type:

• Air-cooled Type
• Water-cooled Type

Market split by Application:

• Stationary Usage
• Transport Usage
• Portable Usage

Market split by Sales Channel:

• Direct Channel
• Distribution Channel

Market split by Region/Country:

• North America (United States and Canada)
• Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
• South America (Brazil, Mexico, and Argentina, etc.)
• Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)

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